Question
Project Q has an initial cost of $55,633, and its expected net cash inflows are $12,250 per year for 9 years. The firm has a
Project Q has an initial cost of $55,633, and its expected net cash inflows are $12,250 per year for 9 years. The firm has a WACC of 13 percent, and Project Qs risk would be similar to that of the firms existing assets. Calculate Project Qs modified internal rate of return (MIRR).
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
